Kucoin

I tested the new platform and so far have not found any serious drawbacks, just a few minor technical issues since the service has only recently launched. I am confident that the Chinese will be able to refine it to perfection. Currently, the situation is as follows: there is a Russian language option (although this is an exchange from Asia, which is not very common), but sometimes the translation is missing or poorly done. Over time, this will certainly be fixed, but for now, English and the available translation are still preferable to dealing with hieroglyphs. From a functionality standpoint, everything is excellent: the exchange's engine is powerful, and transactions are currently processed instantly. Of course, this is for now, while there is low traffic due to the exchange's low popularity, but there may be delays during peak times. The trading conditions are quite attractive. The number of currencies on the platform is limited compared to major global platforms like Poloniex and Bittrex, but the main ones are present. There aren't many traders yet, but liquidity is at a good level. A proprietary token has also been added, which allows for passive income—this is standard practice for crypto exchanges with their own coins. However, there is currently no fiat, and the question of whether it will be added remains open. Due to the specific location of the exchange, clients from the CIS may find it challenging to work with fiduciary money. The trading and withdrawal fees are low. Currently, the order fee is 0.1%—this is typical undercutting for newcomers, and I wouldn't be surprised if it increases in the future, as the average rate is currently around 0.2-0.25%. There is no fee for depositing funds, which is common practice. The fixed withdrawal fee depends on the withdrawal method. Since there is no fiat, withdrawals are made to crypto wallets. The fee varies depending on the specific token; for example, for BTC, it is 0.0005. Clearly, for greater savings, it is better to withdraw larger amounts so that the fee is minimal in percentage terms.

Date of experience: май 26, 2025

KuCoin made a positive impression on me; it is unlikely that the project will turn out to be a scam, and it has significant potential. Of course, there are some drawbacks, but these are related to its short period of operation, for example, not all trading pairs have good liquidity. There are some where the difference between buying and selling prices is quite large. Overall, this is a common occurrence in the market, and the situation will stabilize over time. The platform has many more advantages: excellent analytical features, useful charts, ease of use of all tools, an intuitive interface, the possibility of mobile trading, reliable servers, support for multiple languages and cryptocurrencies, regular listing updates, as well as the absence of mandatory verification for trading and protection of funds. Despite being a newcomer, the exchange has already shown impressive results. I am confident that it will soon become a clear leader among other debutants.

Date of experience: ноя 15, 2025

Currently, every third cryptocurrency exchange is launching its own currency to attract investments. The Chinese platform is no exception, and there is some benefit to this. I don’t consider passive income just for holding tokens – given the low trading fee and the fact that holders receive only a small share of the administration's profits, the dividends from the token are insignificant, there’s little benefit, and significant volumes are needed for this. Overall, the outlook here is not encouraging. However, a 50% reduction in trading fees looks much more attractive. As for trading itself: usually, internal coins lose value over time, but here the exchange maintains a stable rate by regularly buying back the asset, so the liquidity of KCS is good. Another source of passive income is the affiliate program – 40% of the referral fee – which is a decent offer. Although it won't generate a large income, having three referrals with similar trading volumes can almost cover your trading fees, allowing you to trade without costs.

Date of experience: янв 11, 2026

So far, I'm not thrilled with this new platform. When it launched, there was a focus on market reach, but the result turned out to be less than successful. This is a common mistake for new crypto exchanges. First and foremost, the lack of fiat currency stands out: money can only be deposited and withdrawn in cryptocurrency. This approach is typical for most exchanges, but it is especially noticeable with newcomers. Although they have added many tokens and the listing is not frozen, there isn't much to trade outside of Bitcoin and Ethereum — other assets are not updated in the order book very frequently. This significantly limits opportunities for mid-level traders like me. On the positive side, the trading itself is worth highlighting. Despite the limited variety of transaction types, they are executed at a high level. The trading terminal offers excellent visualization of price movements, and the charts can be customized. Additionally, the exchange has a very low fee — 0.1% of the order amount, which drops to 0.05% when using the internal token, almost four times lower than the standard rate. Orders are executed instantly, with no delays. However, the exchange has not yet faced serious network loads, so it's premature to speak about technical reliability.

Date of experience: июн 11, 2024

I don't often use new platforms, but this one caught my attention. Currently, it is actively attracting traders, which makes working here profitable. The trading volume is around 8 million dollars a day. The main focus is on REQ, RPX, KCS, XAS, and ETH within the BTC market, which provides good liquidity for the tokens. However, the platform lacks major world currencies, and I don't consider the Tether token as an equivalent to the dollar. Therefore, I have to turn to third-party exchanges, but external transactions happen very quickly: deposits take 2-4 minutes, and withdrawals take 10-15 minutes. Deposits are free, and the withdrawal fee depends on the specific coin; currently, GAS and NEO have no withdrawal fees. The trading interface is user-friendly: there is a price dynamics chart and market depth, both scalable and equipped with various indicators. The technical analysis capability is at a medium level, but it is still present. If I were the developers, I would add a TradingView system for charting. It would also be great to implement services like TabTrader, which would facilitate arbitrage, as some assets have a significant difference between buying and selling prices. Combined with fast deposits and withdrawals, this allows for profitable trades. However, even the existing features already set this exchange apart from many others. The platform has only been operating for a few months, and I have no distrust towards it. The security is standard, including offline storage, 2FA, and encryption. As for external regulators, I can't say much; Chinese exchanges usually operate without oversight.

Date of experience: июн 04, 2025

Like any other cryptocurrency exchange, KuCoin is not perfect. Although it is far from the level of major players, it is quite an interesting service in its segment. Some significant drawbacks I noticed include: poor translation into Russian, with only the main page being somewhat adapted, while other pages either have machine translations or none at all; the available assets are only tokens, as the exchange does not support fiat money (this applies to both deposits and withdrawals); there is no option for margin trading – this disappoints me the most, as I prefer risky margin trading, and leverage is one of the main requirements for exchanges; there is no option to create advanced orders, only standard ones are available; the overall trading volume is significantly lower compared to other platforms. On the positive side, I can highlight: a good engine (processing 2 million transactions per second, there are currently few traders, but this will be noticeable at high volumes); a reliable security system; detailed analytics; low fees; a friendly attitude towards traders; its own token with a buyback program; a mobile app; and a variety of trading tools. Overall, I like this service, and among the many newly opened cryptocurrency exchanges, it clearly stands out for the better.

Date of experience: май 22, 2025

The exchange has been around for just over three months, but its current state is impressive compared to other platforms. It successfully combines excellent marketing with well-thought-out trading functionality. Currently, the daily turnover is $7.5 million, which indicates a rapid start. Customer attraction promotions are still in effect and are constantly updated. For example, there was a period when bonus Pura coins were awarded for deposits made in Bitcoin and Ethereum. Additionally, holding Neo in your account also earns you gas. Moreover, the exchange has its own coin – KuCoin Shares, which allows you to receive dividends and is used to reduce internal trading fees. The exchange occasionally buys back its token, which contributes to its price growth, making trading more profitable. New tokens are gradually added, and their addition is voted on. According to the roadmap, the platform has ambitious plans, but at this pace, they could very well achieve them.

Date of experience: мар 06, 2025

The new exchange KuCoin strongly resembles the well-known crypto platform Binance. They have almost identical white lists, although some tokens that are banned on Binance can be found on KuCoin. The interface is also very similar. Both exchanges have their own tokens (KCS and BNB), and the dividend distribution system is similar, with the number of tokens being 200 million each. The buyback mechanism also matches, and the buyback burning is calculated for 100 million tokens. Thus, one could assume that this is either a complete copy of Binance in hopes of success or that KuCoin is a subsidiary of Binance. However, if judged objectively, the exchange is indeed quite good. The roadmap looks overly optimistic, but so far they are achieving their set goals. I haven't gone through identification yet, as the overall functionality is available, but full-fledged arbitrage is limited by caps, which is not critical. The exchange is developing very quickly, and many old Russian-speaking platforms, such as Yobit and Livecoin, are already falling behind. If KuCoin doesn't encounter any problems, it could be among the leaders in a year or a year and a half.

Date of experience: май 07, 2025

I encountered a situation where I sent ETN, the transaction was successful, but the funds did not arrive. Support is unresponsive. During my communication, I found out that several other users have the same issue. Please, let's not stay silent; let's create a rating for this service that they truly deserve. Many people read reviews and will be able to avoid our mistakes by choosing another service.

Date of experience: янв 02, 2025

I sent coins from Binance to KuCoin, but they didn't arrive, even though the transaction was successful. I'm trying to resolve the issue in the chat, but when my turn comes, the connection drops, and I have to wait again. In the end, on my third attempt, I was able to contact support. I got the impression that this is done intentionally. I paid them 30 USDT to get my coins back. So far, no news.

Date of experience: янв 25, 2026